We think of it as a parallel economy, but it isn’t. It’s twisting housing prices out of shape, driving luxury goods markets. Are you really upper-middle-class? Find out.

How do some people achieve upper-middle class status by their mid-50s? Learn what it might take to be defined as part of that bracket.

The parents of one of the alleged ISIS-loving mopes who tried to detonate an IED near Gracie Mansion own a gorgeous, $2.25 million home – a sign they seized the American Dream after arriving from ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. MoMo Productions The median U.S.

In the West Village and other historic neighborhoods, buyers are consolidating apartments and combining townhomes, a sign of New York’s allure to the ultra-rich.

Billionaires are now Public Enemy No. 1 in America. Majorities of voters, in both parties, think the gap between the rich and poor is a big problem and that the rich have too much power. To be fair, ...

Whenever Benedict Mutiso* looks at the section of his payslip showing what the government has deducted from his salary, he sighs. “Cumulatively, I work for the government for three-and-a-half months ...

What does it mean to have a comfortable lifestyle in the Valley? Maybe it means not worrying about the weekly grocery bill or a surprise car repair. Maybe it means fretlessly tapping that credit card ...

One thing this table hides is how wide the top tier really is. The top 5% bring in roughly $295,000 or more. At that point, income differences stop being gradual and start compounding quickly. It also ...

A new report challenges assumptions about the K-shaped economy, revealing that higher earners can be financially fragile while some lower-income consumers are resilient. The definition of a ...